Sprint - Nextel 2012 Annual Report Download - page 237

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portal/iland/?dochome=iw&docpath=IntranetDirectory/LandingPage/20080605_1650_10367056#LTI
. To the extent not
inconsistent with the provisions of this Agreement, the terms of the Information Statement and the Plan are hereby incorporated by
reference. This Agreement, along with the Information Statement and the Plan, contain the entire understanding of the parties.
Sprint Nextel Corporation
By: ________________________
____________________________
[Employee]
This document constitutes part of a prospectus covering securities that have been registered under the Securities Act of 1933
(
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)
Exhibit 10.42.2
FIRST AMENDMENT TO
AMENDED AND RESTATED SPECIAL COMPENSATION
AND NON-
COMPETE AGREEMENT
This First Amendment (the
Amendment
)
to that certain Amended and Restated Employment Agreement made and entered
into as of December 31, 2008 by and between Sprint Nextel Corporation and PAGET L. ALVES is entered into on this 11th day of
December, 2012. Certain capitalized terms shall have the meaning ascribed to them in the Agreement.
WHEREAS, the Company and the Executive desire to amend the Agreement as provided herein.
NOW THEREFORE, in consideration of the premises and of the covenants and agreements set forth herein and for other
good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the Company and the Executive
hereby amend the Agreement as follows:
6.12
Competitor
Because of the highly competitive, evolving nature of the Company's industry, the identities of companies in
competition with the Company are likely to change over time. The following tests, while not exclusive indications of
what employment may be competitive, are designed to assist the parties and any court in evaluating whether particular
employment is prohibited under this Agreement.
Competitor
means either of the following:
Section 8: EX-10.42.2 (FIRST AMENDMENT TO AMENDED AND
RESTATED SPECIAL COMPENSATION AND NON-COMPETE AGR)
1.
Effective as of November 6, 2012, Section 6.12 of the Agreement is replaced in its entirety by the following:
(i)
any person doing business in the United States or any of its Divisions employing Executive if the person or its
Division receives at least 15% of its gross operating revenues from providing wireless communications
services of any type (for example, voice, data, including Internet, and video); or